Industrial Warehouse with Outdoor
For Sale
$6,200,000
6013 Gold St, Houston, TX 77026
Three-building industrial asset with fenced storage areas, heavy power, and direct positioning along two rail lines.
Property Size72,477 SF
Lot Size2.62 Acres
Price / SF$85.54
Days on Market111
Property Features for 6013 Gold St
General Information
Standard status
Active
Size
72,477 SF
Lot size
2.62 Acres
Property subtype
Warehouse
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
25 ft
Drive-In Doors
16
Power
1,200 amps
Voltage
600 V
Three-Phase Power
Yes
Heavy Power
Yes
Amenities
72,477-Square-Foot Multi-Tenant Industrial Asset Situated on 5.95 Acres
Featuring Rare Heavy Infrastructure: 10-Ton Bridge Crane, 16 Grade-Level Doors, Fully Fenced-in IOS, and Three-Phase Power with 1,200A/600V
High-Access Location with Close Proximity to I-610, I-69, and Hardy Toll Road
Partial Sale-Leaseback with the Current Owner Anchoring 31 Percent of In-Place Income on a New One to Three-Year NNN Lease
Diversified Income Stream Combining Building and Fenced IOS Yard Leases Across 5.95 Acres with a 10.02% Going-In Cap Rate
Building Details
Building Size
72,477 SF
Year Built
1975
Buildings
3
Construction
metal
Listing Agency:
Marcus & Millichap - Dallas
(713) 452-4384
Listed By:
Grant Roosma · License #License(s): TX: 841845
(713) 452-4384
Source:
Marcusmillichap
Added: May 14
Changed: Aug 31
Last Checked: Aug 31 at 12:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This warehouse property comprises three metal buildings totaling approximately 72,477 square feet on 2.62 acres. Improvements include 25-foot clear height, 16 grade-level doors, two HVAC units, and three-phase electrical service rated at 1,200 amps and 600 volts. A 10-ton bridge crane supports industrial operations, while the 28 percent building coverage leaves substantial fenced outdoor storage area. The property was built in 1975.
The site is located along BNSF and Canadian Pacific/Kansas City rail lines, with access to the Hardy Toll Road and Interstates 610 and 69. The Houston property is identified as having low flood risk. Its industrial setting places the asset within the North Outer Loop submarket, which contains 31.7 million square feet of industrial space.
The site is located along BNSF and Canadian Pacific/Kansas City rail lines, with access to the Hardy Toll Road and Interstates 610 and 69. The Houston property is identified as having low flood risk. Its industrial setting places the asset within the North Outer Loop submarket, which contains 31.7 million square feet of industrial space.
Key Highlights
- Approximately 72,477 square feet of industrial space on 2.62 acres
- Three‑building configuration with 25‑foot clear height
- 16 grade‑level doors and a 10‑ton bridge crane
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$533,454
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,669,080
$10.7M
Cap Rate 7%
$7,620,771
$7.6M
Cap Rate 9%
$5,927,267
$5.9M
Market Conditions
NOI Build-Up for 72,477 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$695.8K $9.60/SF
− Vacancy
−$68.2K −$0.94/SF
EGI
$627.6K $8.66/SF
− OpEx
−$94.1K −$1.30/SF
NOI
$533.5K $7.36/SF
Area
Houston, TX
Vacancy
9.80%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,669,080
Cap Rate 7%
$7,620,771
Cap Rate 9%
$5,927,267
Alternative Uses
Best Use
Warehouse
$7.62M
$6.67M – $8.89M
NOI $533,454 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.64M
$16.31M – $21.74M
NOI $1,304,586 @ 7.0% cap · market cap 21.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
25 ft
Clear height
16
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77026, TX
23,405
Population
9,580
Households
2.4
Avg Household Size
36
Median Age
9%
College-Educated
70%
High-School Grad
6.6 sq mi
ZIP Area
3,546
Density / Sq Mi
$34,835
Median Household Income
$29,339
Median Earnings
$962
Median Rent
$104,800
Median Home Value
Market
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Three-building industrial asset with fenced storage areas, heavy power, and direct positioning along two rail lines.
Where is this warehouse located?
The property is located at 6013 Gold St Houston, TX.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: Approximately 72,477 square feet of industrial space on 2.62 acres; Three‑building configuration with 25‑foot clear height; 16 grade‑level doors and a 10‑ton bridge crane
